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Sep 28, 2012
09/12
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federal express, intel, caterpillar, bellweathers for the economy, it sends a weak signal about the economy. sooner or later, gravity will overwhelm the central bank easing. the question is, does it happen before or after the election? >>neil: we live in the moment and i do not dispute what you are saying. but i do say the barometer has been right 90 percent of the time. as the quarter goes before the election, so go the election for or against the incumbent. this are many other barometers that point in a variety different ways so this is one of them. it doesn't necessarily mean anything. i am wondering if what this is saying for president obama is that people are going to look at their financial statements, if they are lucky enough to have accounts and they are up, or they will look at their home values if they are lucky enough to have a home going up in value and they feel, on paper, some of this wealth affect we hear about. you dismiss that? >>guest: well, it is a good point that perhaps what this is telling us is that bernanke at the federal reserve is throwing the kitchen sink at this
federal express, intel, caterpillar, bellweathers for the economy, it sends a weak signal about the economy. sooner or later, gravity will overwhelm the central bank easing. the question is, does it happen before or after the election? >>neil: we live in the moment and i do not dispute what you are saying. but i do say the barometer has been right 90 percent of the time. as the quarter goes before the election, so go the election for or against the incumbent. this are many other...
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Sep 29, 2012
09/12
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and take the economy down for good. are they right? hi, everyone, i'm brenda buttner, this is bulls and bears, here are the bulls and bears, gary b smith, tobin smith. jonas max ferris. and welcome everybody. gary b, is economic patriotism exactly what the economy needs? >> well, not this version of economic patriotism. you know, i think this plan is going to do a lot more harm than good, brenda, especially to the country's bottom line. look, i went through the plan, obama's plan. i went through his tv commercial, three things jumped out that just didn't make any sense, one, he wants to-- one, he wants to cut tax breaks or companies that outsource. when companies outsource the net effect is to create more jobs that were here. people were able to buy goods cheaper because companies are able to make the goods cheaper and buy goods cheaper and spend more money in other sectors, two the other they think he wants to do, he wanted to invest in education and training programs. that's all well and good, brenda and we know that's going to cost
and take the economy down for good. are they right? hi, everyone, i'm brenda buttner, this is bulls and bears, here are the bulls and bears, gary b smith, tobin smith. jonas max ferris. and welcome everybody. gary b, is economic patriotism exactly what the economy needs? >> well, not this version of economic patriotism. you know, i think this plan is going to do a lot more harm than good, brenda, especially to the country's bottom line. look, i went through the plan, obama's plan. i went...
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Sep 29, 2012
09/12
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we're very dependent on their economy and they're dependent on our economy. mitt romney has invested in china, has family trusts invested in china. both sides have done this here. if you want to call it hypocrisy, call it hypocrisy, but nobody is clean here. >> david: by the way, steve, it's not just china, $2.8 billion in department of energy money went to a spanish firm that did solar stuff. this is not just china. we're outsourcing a lot of money overseas. >> two points, david. romney, what he does it's vol temporary. when the government does, it's taking our resources and playing politics with it. it's about trade barrier, stealing our intellectual property rights, what both candidates should be focused on, not this thing about who invests more in china. >> david: if it's private money, may it go where it will. private investors are free to do with their money, but not my money, not my tax dollars. >> i hav no allergic relax to governor romney investing in china, if that's what he wants to do. the issue is he makes these investments, goes out on the campa
we're very dependent on their economy and they're dependent on our economy. mitt romney has invested in china, has family trusts invested in china. both sides have done this here. if you want to call it hypocrisy, call it hypocrisy, but nobody is clean here. >> david: by the way, steve, it's not just china, $2.8 billion in department of energy money went to a spanish firm that did solar stuff. this is not just china. we're outsourcing a lot of money overseas. >> two points, david....
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Sep 26, 2012
09/12
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has to be shared sacrifice to do the things necessary to get the budget in order and then spur the economy and start job creation. >>shepard: enormous challenges ahead. thank you. >> cyber attackers are hitting more american banks. wells fargo was a target this time. is a foreign government behind the attacks in is your money safe? we will get into the details on those fronts. new violence in europe's economic crisis. more open latest rounds of riots across europe. the situation is pretty dire. the scene is not pretty. we will get to that next. copies of my acceptance speech. great! it's always good to have a backup plan, in case i get hit by a meteor. wow, your hair looks great. didn't realize they did photoshop here. hey, good call on those mugs. can't let 'em see what you're drinking. you know, i'm glad we're both running a nice, clean race. no need to get nasty. here's your "honk if you had an affair with taylor" yard sign. looks good. [ male announcer ] fedex office. now save 50% on banners. [ male announcer ] fedex office. romney: "it's time to stand up to the cheaters" vo: tough on
has to be shared sacrifice to do the things necessary to get the budget in order and then spur the economy and start job creation. >>shepard: enormous challenges ahead. thank you. >> cyber attackers are hitting more american banks. wells fargo was a target this time. is a foreign government behind the attacks in is your money safe? we will get into the details on those fronts. new violence in europe's economic crisis. more open latest rounds of riots across europe. the situation is...
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Oct 3, 2012
10/12
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we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader. romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? >> this is deadly earnest. how they can justify, how they can justify raising taxes of the middle class that has been buried the last four years, how if lord's name can they justify that? >>neil: it is a gaffe that now is a romney ad campaign since the vice president started talking about the middle class getting buried, republicans have wasted barely a nano second capitalizing. the question tonight is
we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader. romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked...
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Sep 26, 2012
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here at home, the american economy is in shambling. obamanomics turned it to food stamp obama nation. war on jobs is crushing the middle class. as american cities declare bankruptcy for the first time ever. so, go ahead with "the view." go ahead with "letterman show." the clooney dinners. i understand you're eye candy. i understand you have your priorities. unfortunately, your priorities don't line up with ours. >> bob: that was very depressing. >> eric: it is depressing. >> bob: okay. >> eric: it is depressing. the man has time for the view and letterman but can't meet with netanyahu or tackle the major issues going on in america: jobs. >> bob: i would venture to say most presidents up for re-election, general assembly of the u.n. in september of election year don't have a lot of bilateral meetings -- >> dana: if you're going to say that, why don't you check it out first. we have polls who do things like that all day. >> bob: i checked in with -- >> dana: so you can say -- >> eric: we checked with the people in the brain room and they
here at home, the american economy is in shambling. obamanomics turned it to food stamp obama nation. war on jobs is crushing the middle class. as american cities declare bankruptcy for the first time ever. so, go ahead with "the view." go ahead with "letterman show." the clooney dinners. i understand you're eye candy. i understand you have your priorities. unfortunately, your priorities don't line up with ours. >> bob: that was very depressing. >> eric: it is...
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Oct 4, 2012
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the economy is still slow. as a matter of fact, it's growing more slowly now than when you made that statement. if you believe the same thing, you don't want to raise taxes on people. the reality is, it is not just donald trump you are taxing. it is all those businesses that employ one-quarter of the work fwherz america. these small businesses that are taxed as individuals. you raise taxes and you kill jobs. that's why the national federation of independent businesses said your plan will ket kill 700,000 jobs. i don't want to kill jobs in this environment. let me make one more point -- >> jim: let's let him answer the tacks thing for a moment. >> okay. >> well, we have had -- >> jim: about the idea in order to reduce the deficit, there has to be revenue in addition to cuts. >> governor romney has ruled out revenue -- [overlapping dialogue] >> the revenue i get is by more people working, getting higher pay, paying more taxes. that's how we get growth and how we balance the budget. but the idea of taxing people m
the economy is still slow. as a matter of fact, it's growing more slowly now than when you made that statement. if you believe the same thing, you don't want to raise taxes on people. the reality is, it is not just donald trump you are taxing. it is all those businesses that employ one-quarter of the work fwherz america. these small businesses that are taxed as individuals. you raise taxes and you kill jobs. that's why the national federation of independent businesses said your plan will ket...
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Oct 3, 2012
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handling the economy? vi% approve. 51% disapprove. brit, while right track/wrong track is narrowing there is still real negative numbers in the polls for president obama. >> well, for romney to have a chance, there better be. because that is the issue that is central. he had been gaining ground on the issue in a way a lot of people thought wasn't possible. if he has begun to retreat, romney needs that to happen. he needs to emerge from the whole campaign, the debates part of them as the person with the ability and the stronger plan for the economy. because this is not an economy that people find to their liking. not agreeable to people. that is where romney needs to be strong. >> bret: chuck, their target audience tonight? >> maybe state of ohio. i really mean that. without ohio, romney, most scenarios just can't win. he is going to have to come up with a message that tips ohio his way, and doesn't leigh out or ail yep nate anyone else -- alienate anyone else. he does seem to be trailing by a significant m
handling the economy? vi% approve. 51% disapprove. brit, while right track/wrong track is narrowing there is still real negative numbers in the polls for president obama. >> well, for romney to have a chance, there better be. because that is the issue that is central. he had been gaining ground on the issue in a way a lot of people thought wasn't possible. if he has begun to retreat, romney needs that to happen. he needs to emerge from the whole campaign, the debates part of them as the...
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Sep 26, 2012
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economy on your 401k. amy kellogg joins us from london with more. >> reporter: it affects your 401k was the markets of course are corelated and the markets in europe are down. also the s&p derives a significance portion of its earnings from european then american companies have operations overseas that make money in europe, therefore if the economy here is in a bad way that hurts americans. there was this big strike in greece today that got violent when some black-hooded anarchists kind of took advantage of the situation, throwing gasoline bombs at police. they used a general strike and march as a vehicle to just rage against authority. over 50,000 people came out. they are processing the further cuts that are coming their way . many in greece are generally desperate now having seen their salaries drop by more than 20% already since austerity became a way of life in greece. social safety networks are not able to save people. one person at the demonstration was quoted as saying, we are bleeding, we can't ta
economy on your 401k. amy kellogg joins us from london with more. >> reporter: it affects your 401k was the markets of course are corelated and the markets in europe are down. also the s&p derives a significance portion of its earnings from european then american companies have operations overseas that make money in europe, therefore if the economy here is in a bad way that hurts americans. there was this big strike in greece today that got violent when some black-hooded anarchists...
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Oct 4, 2012
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so one thing he said romney had secret plans on jobs, economy and regulation. and taxes. just after romney spent time giving the details on awful those being critical of very specific pro visions of don frank. and this is the president was not in denver. i thought he spent too much time shooting bass cats rather than prepping for this thing. we saw it. he offered up routine rogue talking point thing that's people were sitting there saying do you know what? this doesn't jive with what i've just seen happen with these two men on the stage. >> and rnc chair predicting the president would make excuses because he can't defined his record. he joins us from denver, good evening mr. chairman. tell me have you spoken to governor romney since the debate? >> i. i can tell you he was smiling and happy with how things went tonight. tonight was a historical night. and this is a sense that that is shocking. the performance but there is a problem for governor and drk-excuse me, the president, mitt romney was ready, and prepared. and he was ten yaishis and respectful. the president meande
so one thing he said romney had secret plans on jobs, economy and regulation. and taxes. just after romney spent time giving the details on awful those being critical of very specific pro visions of don frank. and this is the president was not in denver. i thought he spent too much time shooting bass cats rather than prepping for this thing. we saw it. he offered up routine rogue talking point thing that's people were sitting there saying do you know what? this doesn't jive with what i've just...
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Oct 4, 2012
10/12
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everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. >>> we do have a difference under definitions of small business. under my plan 97% of small business woz not see income taxes go up. governor romney says top 3% are the job creators and they'd be burdened but under that definition there are millionaires and businesses. donald trump is a small business. i know he doesn't like to think of himself as small anything but that is how you define small business is if you're getting business income. >> and a crucial first debate each trying to convince voters that he is the one who can turn the economy around. who got the message across tonight? joining us is our political panel in denver, byron york and sam young is here and steve hays from weekly standard. first to you, donald trump got a shout out z actually my hometown of appleton, wisconsin got one. your thoughts
everyday you see all the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. >>> we do have a difference under definitions of small business. under my plan 97% of small business woz not see income taxes go up. governor romney says top 3% are the job creators and they'd be burdened but under that definition...
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Sep 26, 2012
09/12
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the economy was not stimulated. if the economy was stimulated under the obama presidency, the debt would have been less. if he cut the spenting, it would be less. so he has to take responsibility for what is under his want. if you are the c.e.o. of a company that is run this way we would fire your butt. >>neil: a lot people will hang up on you when you tell them the truth that it is up to you. if voters do not hang up on the president, we will keep accepting this, do they, and it could be with any politician, do they invite more of this to happen? >>guest: we have to as an american people in our personal likes, demand accountability. we have to, of our politicians, demand accountability whether they are republican or democrat. can you not run on "hope and change" twice. it is over. >>neil: thank you dave ramsey. one of "the five" joins me now and taking this issue up in 17 or 18 minutes. daydana when you hear that in pt or a broadcast interview, your boss, the bain -- bane of all our existence, what do you say? >>gu
the economy was not stimulated. if the economy was stimulated under the obama presidency, the debt would have been less. if he cut the spenting, it would be less. so he has to take responsibility for what is under his want. if you are the c.e.o. of a company that is run this way we would fire your butt. >>neil: a lot people will hang up on you when you tell them the truth that it is up to you. if voters do not hang up on the president, we will keep accepting this, do they, and it could be...
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Oct 1, 2012
10/12
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we are in a weak economy. this would be a bad time to raise taxes for any one whether it's the rich, the poor. now in all fairness less than 50 percent of the people in this country pay taxes anyway which is another amazing statistic. i wouldn't believe that statistic. the rich pay tremendous amounts of taxes. most of the taxes in the country and they really have to be at least -- rich people if they don't love their country they can go to other countries and pay a lot less tax. if you were in new york and the taxes were high you could move to florida or move here. with globalization and everything -- >> why don't you move to florida. we have golf courses in miami. >> i have a lot of great properties in florida. i just -- >> the minute you walk you hed florida. >> i love new york. i stick with new york. it's a great place. it's where i want to be. >> even though -- if you were in florida 6 months and a day you save 10 percent of what you are presently paying. >> don't even tell me that. you will convince me. t
we are in a weak economy. this would be a bad time to raise taxes for any one whether it's the rich, the poor. now in all fairness less than 50 percent of the people in this country pay taxes anyway which is another amazing statistic. i wouldn't believe that statistic. the rich pay tremendous amounts of taxes. most of the taxes in the country and they really have to be at least -- rich people if they don't love their country they can go to other countries and pay a lot less tax. if you were in...
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Sep 27, 2012
09/12
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commerce department economy drew 3.1%. that is lower than the government's of -- 1.3% and that is lower than 1.7%. the drought and consumer spending contributed to the drop in the rate of economic growth. some analysts say the drought will continue to hurt the economy for months. republicans claim the numbers show that the president's policies have failed while the white house points out that the economy has grown for a dozen consecutive quarters. according to a new fox news polls of likely voters, 44% approve of the president's handling of the economy compared to 35% two years ago. john reports is following the romney campaign and live tonight but first, let's get to ed henry live outside the white house. you would think the bad economic news would have the president scrambling? >> especially on top of that economic growth number you mentioned which is very weak, durable goods, that came in. it's down 13.2%. washing machines and things that are supposed to last three years. it was the worst drop since 2009 when we were in
commerce department economy drew 3.1%. that is lower than the government's of -- 1.3% and that is lower than 1.7%. the drought and consumer spending contributed to the drop in the rate of economic growth. some analysts say the drought will continue to hurt the economy for months. republicans claim the numbers show that the president's policies have failed while the white house points out that the economy has grown for a dozen consecutive quarters. according to a new fox news polls of likely...
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Sep 27, 2012
09/12
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the economy went from bad to worse in the second quarter. that is the take-away from the new gdp numbers. chief white house correspondent ed henry shows us how that impacts the obama campaign. >> with two new economic reports showing the recovery is slowing again, bad timing for president obama as he campaigned in military-friendly virginia beach and unveiled a new theme on the economy. >> every campaign season you hear a lot about "patriotism." you know what? it's time for new economic patriotism, rooted in the belief that growing our economy begins with a strong and thriving middle class. i won't pretend getting there is easy. >> today we learn that rebuilding will take even longer, after gross domestic product for the second quarter was revised down to an anemic 1.3%. orders on durable goods, items ranging from washington machines to aircrafts, plunged by 13 13.2%. the worst droop since the month the president was sworn in office. alan krueger, chairman of the council of economic advisors brushed it off saying the new data shows how bad t
the economy went from bad to worse in the second quarter. that is the take-away from the new gdp numbers. chief white house correspondent ed henry shows us how that impacts the obama campaign. >> with two new economic reports showing the recovery is slowing again, bad timing for president obama as he campaigned in military-friendly virginia beach and unveiled a new theme on the economy. >> every campaign season you hear a lot about "patriotism." you know what? it's time...
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Oct 4, 2012
10/12
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i have to because at this rate the economy is not growing. we have a job number tomorrow that will probably be careful, yes, a fed is all in, but if you watch the futures as i do in the middle of the night to my wife's discretion i have to say futures bounce after this debate. >>neil: you are right. we noticed that and we noticed the foreign market reaction. but you know i don't brag but we were the only ones noticing that. do you think the markets, then, by and large the markets tend to favor republicans, not all the time, but, now, since they like bailouts and rescues, i don't know who is who anymore. but if it looks like it is more possible that romney could pull it out, what happens closer to election day? >>guest: the funny thing is, i would take one side of this obama argument which is, to me, as far as the markets go he is a known quantity. he has thrown everything possible that isant business -- that is antibusiness, health care, tax hikes, health care that no one wants, but the market going up. if romney gets in the market continues
i have to because at this rate the economy is not growing. we have a job number tomorrow that will probably be careful, yes, a fed is all in, but if you watch the futures as i do in the middle of the night to my wife's discretion i have to say futures bounce after this debate. >>neil: you are right. we noticed that and we noticed the foreign market reaction. but you know i don't brag but we were the only ones noticing that. do you think the markets, then, by and large the markets tend to...
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Oct 2, 2012
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back, and the united states gets our economy back again. as i said earlier, just alone, if you build the infrastructure, it's directly related to our gdp. if we spend 2% of our gdp on infrastructure, it's directly related. it's short-sighted for us not to spend money on infrastructure. sadly the last money meant to be recovery, only $150 billion went to infrastructure, the rest was sprinkled all around. it's very tough. both of the parties have to get together. >> sean: how do they get together? >> they have to solve the problems, because it's their responsibility. we sent them to washington to solve problems, not to -- >> sean: let me ask you this. one party -- weir 40 cents of every dollar. every time you talk about, for example, fixing medicare, which is going bankrupt, we get an ad, granny's being thrown off the cliff. right? every time republicans say we've got to manage money with the epa, the president will say the republicans want dirty air and water. they don't care about kids with autism and down's syndrome. that's the narrative g
back, and the united states gets our economy back again. as i said earlier, just alone, if you build the infrastructure, it's directly related to our gdp. if we spend 2% of our gdp on infrastructure, it's directly related. it's short-sighted for us not to spend money on infrastructure. sadly the last money meant to be recovery, only $150 billion went to infrastructure, the rest was sprinkled all around. it's very tough. both of the parties have to get together. >> sean: how do they get...
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Oct 1, 2012
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all i talked about what i would do to turn the economy around. it worked. unemployment has dropped faster than any other state. down 2.3 percent. last month, we were second to texas in job creation. my competition is governor perry. if he talks jobs, governor romney, he will do well. that is the biggest issue in our country. clearly, it is an issue in florida. we have done well but we still have people unemployed. a lot better than what we were but we still have a lot of work. >>neil: you reminded me at the convention and other times we have chatted, polls are fleeting and fickle. but it is interesting to me that in some of the states, swing states, the president made inroads and it could change over night. if -- in ohio, in michigan, in wisconsin, all the republican governors, all practicing turn arounds, all utilizing policies that would appear to be anathema to president obama but now the benefit seems to go to...president obama. >>guest: it is incumbent upon governor romney to talk more about what he will do on jobs. whatever the issue is, if you talk t
all i talked about what i would do to turn the economy around. it worked. unemployment has dropped faster than any other state. down 2.3 percent. last month, we were second to texas in job creation. my competition is governor perry. if he talks jobs, governor romney, he will do well. that is the biggest issue in our country. clearly, it is an issue in florida. we have done well but we still have people unemployed. a lot better than what we were but we still have a lot of work. >>neil: you...
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Sep 27, 2012
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this is the obama economy. 8.1% unemployment. $6 terrell in new obama debt. 1 in 6 americans currently live in poverty in this country. 46 million americans are in need of food stamps. fewer americans are working today than when the president took office in january of '09. gas prices have soared by over 100% during his tenure. today we learn that the average household income dropped by more than 8% in the less than four years president obama's been in office. what's the president doing about all that? well, he's, of course, campaigning out there all over the country. earlier today he stopped by kent state university in ohio, a place he visited back in 2008. let's take a walk down memory lane and see what he said. >> when bill clinton was president the average family income went up $7500. $7500. since george bush has been president, it's gone down $2,000. think about that. that's a $9500 swing. $9500. that's money out of your pocket. that's money going out of this country because we're borrowing it from china to send to saudi arabia to buy oil. that's what's added $4 trillion to our def
this is the obama economy. 8.1% unemployment. $6 terrell in new obama debt. 1 in 6 americans currently live in poverty in this country. 46 million americans are in need of food stamps. fewer americans are working today than when the president took office in january of '09. gas prices have soared by over 100% during his tenure. today we learn that the average household income dropped by more than 8% in the less than four years president obama's been in office. what's the president doing about...
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Sep 30, 2012
09/12
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we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader. [ male announcer ] if you think all batteries are the same... consider this: when the unexpected happens, there's one brand of battery more emergency workers trust in their maglites: duracell. one reason: duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. so, whether it's 10 years' of life's sunny days... or... the occasional stormy one... trust goes a long way. duracell with duralock. trusted everywhere. droid does. and does it launch apps by voice while learning your voice ? launch cab4me. droid does. keep left at the fork. does it do turn-by-turn navigation ? droid does. with verizon, america's largest 4g lte network, and motorola, droid does. get $100 off select motorola 4g lte smartphones like the droid razr. the economy needs manufacturing. mhines, tools, people makin
we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader. [ male announcer ] if you think all batteries are the same... consider this: when the unexpected happens, there's one brand of battery more emergency workers trust in their maglites: duracell. one reason: duralock power preserve. it locks in power for up to 10...
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Oct 3, 2012
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they've convinced the american people that the economy is bad. what they haven't convinced the american people is that the president's policies that have caused the economy. >> bill: do you do that by facts? >> absolutely. >> bill: okay. so you just keep -- >> policy by policy, policy by policy, and say, your stimulus bill created these economic conditions which has hurt unemployment and caused it to be above 8% for 40 months. and go through each of the policies that he's done that have caused the economy to go down. >> bill: final question, does mitt romney have to say, because you know the president is going to come after him -- look, here is what i'm going to phase out. some charitable stuff, some real estate stuff, does he have to do that or can he stay in the general area where he feels more comfortable? >> no. what he has to do is cast a vision that's a better alternative than the path we're on. >> bill: does that include specificity in those areas where the president is going to keep banging him and banging him and banging him, tell me, te
they've convinced the american people that the economy is bad. what they haven't convinced the american people is that the president's policies that have caused the economy. >> bill: do you do that by facts? >> absolutely. >> bill: okay. so you just keep -- >> policy by policy, policy by policy, and say, your stimulus bill created these economic conditions which has hurt unemployment and caused it to be above 8% for 40 months. and go through each of the policies that...
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the eurozone remains the greatest risk for the global economy today. as i said earlier on, the ecb move from two weeks ago with the omc was clearly a turning point. but the countries have to really work together much more cohesively in a much more coordinated manner and order together turned the corner. as you know, european union and the eurozone in particular are not the only threats on the horizon. the united states is also currently a threat. the immediate concern is, many of you know that, is that under the current law there would be a dramatic tightening equal to about 4% of gdp. that's what is, refer to as the fiscal cliff. and that is good. it entails a contraction of 2% of gdp, and that is not good at all, especially if you consider the forecast of growth of the united states is pretty much in the range of 2%. so that is a racing any growth in the united states, would be the consequence of not dealing with the fiscal cliff and not dealing with the debt ceiling, which are both looming threats on the very short-term horizon. and it's not a threa
the eurozone remains the greatest risk for the global economy today. as i said earlier on, the ecb move from two weeks ago with the omc was clearly a turning point. but the countries have to really work together much more cohesively in a much more coordinated manner and order together turned the corner. as you know, european union and the eurozone in particular are not the only threats on the horizon. the united states is also currently a threat. the immediate concern is, many of you know that,...
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there are a lot of people in the underground economy that would be brought above ground with amnesty program. i estimate a federal, state and local tax amnesty program would raise about $800 billion in 90 days. you can also sell some assets off. camped person -- camp pendleton is 500 square miles in california. why not sell it? >>neil: my point, when you say it is too big to handle, you are missing the point, you cannot cut $16 trillion debt but you can boom your way from it. we are losing sight and what bill clinton learned in 1993, 1994, if you present a plan that looks credible like you want to reverse the direction, sometimes that creates a boom in and of itself and inspires confidence in the market that has little confidence right now. i blame both parties, by the way. if you give them a guidepost and show you have now planted your plan, you will be off to the races. i hope and i want to see that tomorrow night. will i? >>guest: i don't know if you will or not. i have been waiting for romney to come hitting the growth agenda and low rate flat tax-and-spending reductions and the
there are a lot of people in the underground economy that would be brought above ground with amnesty program. i estimate a federal, state and local tax amnesty program would raise about $800 billion in 90 days. you can also sell some assets off. camped person -- camp pendleton is 500 square miles in california. why not sell it? >>neil: my point, when you say it is too big to handle, you are missing the point, you cannot cut $16 trillion debt but you can boom your way from it. we are...
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so the president has the edge on the economy. even though this was supposed to be mitt romney's strength. if you would have asked us a year ago, even six months ago the race in ohio is going to come down to the economy. most people would have bet that would be bad for the president. right now it's looking not so bad after all, shep. >> shepard: debates sometimes change people's minds. the first presidential debate a week from today. what do we know about how the president is preparing? >> well, we are learning some new information. the president on sunday is going to go to nevada for a couple of nights. and is he going to do some debate prep. john kerry we already knew would be the person who is going to stand in as mitt romney in the mock sessions we are told. they have already had a few of those sessions in washington. now they will be taking it no nevada because it's close to colorado. battleground state. they are trying to lower expectations in the white house by saying look the president hasn't debated since john mccain four
so the president has the edge on the economy. even though this was supposed to be mitt romney's strength. if you would have asked us a year ago, even six months ago the race in ohio is going to come down to the economy. most people would have bet that would be bad for the president. right now it's looking not so bad after all, shep. >> shepard: debates sometimes change people's minds. the first presidential debate a week from today. what do we know about how the president is preparing?...
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i know about the ugly stagnant economy. what is mitt romney and paul ryan offering? that's what we'll get out of wednesday. >> gretchen: the denver debate will focus on domestic policy. >>> the search for a houston mom ending in tragedy. police found her body in odessa, texas, more than 500 miles away from her apartment. her ex-boyfriend reportedly led authorities to her remains and is under investigation. no murder charges have been filed yet. she was last seen september 22, the same night her boyfriend took their three-year-old son more than eight hours away to be with relatives. after he within miss, he told cops she had stormed out after an argument. >>> he definitely isn't haley joel oz ment in "the sixth sense." >> i see dead people. >> gretchen: a somali terror suspect asking to be transferred out of jail because he claims he sees ghost. his request quickly injected by a judge. he's accused of recuting and happening finance trysts abroad. he might be saying ghost for some of the alleged activity. >> steve: now the do
i know about the ugly stagnant economy. what is mitt romney and paul ryan offering? that's what we'll get out of wednesday. >> gretchen: the denver debate will focus on domestic policy. >>> the search for a houston mom ending in tragedy. police found her body in odessa, texas, more than 500 miles away from her apartment. her ex-boyfriend reportedly led authorities to her remains and is under investigation. no murder charges have been filed yet. she was last seen september 22, the...
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romney people says that's because it's all about the economy. every day spent on this is a distraction. they don't understand if you give a speech on foreign affairs you become presidential. that gives you stature. the problem that romney has is the fact that people don't see him as a leader. or sort of endowed stature. when they see you. that was an opportunity that was missed. it remains missed. mystery where romney can't seize the moment on this. >> bret: today, he had a phone call with prime minister netanyahu. romney did. he talked about it after it was over. >> we spoke about the greatest national security threat we faced. the world faces. iran with nuclear capabilities. we spoke about this assessment of where the red line ought to be drawn. my own views with regard to iran. he spoke of red line and gave a date, which was spring and summer of next year. he said he expected an attack by june of this year. they a offering an olive branch to the president. it's recognition on part of israelis that the chances of obama re-election are rising.
romney people says that's because it's all about the economy. every day spent on this is a distraction. they don't understand if you give a speech on foreign affairs you become presidential. that gives you stature. the problem that romney has is the fact that people don't see him as a leader. or sort of endowed stature. when they see you. that was an opportunity that was missed. it remains missed. mystery where romney can't seize the moment on this. >> bret: today, he had a phone call...
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we have got to get this economy going again. megyn: carl cameron joins us live from toledo where governor romney will hold his final event of the day. >> reporter: mitt romney said it and there is a big billboard they will be trotting out. we can't afford four more years and that's the even caps laiftion what romney wants to talk about in the final six weeks of this campaign. there is a reemphasis on jobs and the economy. the core of his campaign, the reason he ran to fix the failed obama economy. he's talking about shared sacrifice, not everybody is going to get a tax cut. it's time for serious leadership to deal with the nation's budget crisis. >> don't be expecting a huge cut in taxes because i'm also going to lower deductions and exemptions. but by bringing rates down we'll be able to let small businesses keep more of their money so they can hire more people. my priorities is jobs and i'll make it happen. >> reporter: bigger crowds and raucous rhetoric from romney. romney has a new ad out in which he speaks directly to camer
we have got to get this economy going again. megyn: carl cameron joins us live from toledo where governor romney will hold his final event of the day. >> reporter: mitt romney said it and there is a big billboard they will be trotting out. we can't afford four more years and that's the even caps laiftion what romney wants to talk about in the final six weeks of this campaign. there is a reemphasis on jobs and the economy. the core of his campaign, the reason he ran to fix the failed obama...
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we live in a global economy. we can't change that. the best thing we can do to bring middle class america back is have economic growth. we won't have that until we have some kind of political leadership. i'm particularly talking about congress to set tax policies and get us out of this constant deficit. >> that's a very good point, why we brought up the fiscal cliff, quite frankly, you're seeing these little signs of life in the housing market, this fiscal cliff comes from elected officials. >>> don't go away, we will talk about the middle class itself and why your trip to the mall this weekend may be subsidizing your own demise. st plug is into, and your good driving can save you up to 30%. you could even try it without switching your insurance. why not give it a shot? carry on. now you can test-drive snapshot before you switch. visit progressive.com today. and the family car to do an experiment. we put a week of her family's smelly stuff all in at once to prove that febreze car vent clips could eliminate the odor. then we brought he
we live in a global economy. we can't change that. the best thing we can do to bring middle class america back is have economic growth. we won't have that until we have some kind of political leadership. i'm particularly talking about congress to set tax policies and get us out of this constant deficit. >> that's a very good point, why we brought up the fiscal cliff, quite frankly, you're seeing these little signs of life in the housing market, this fiscal cliff comes from elected...
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not the first one which is about the economy this coming week. but you have got one on national security and foreign policy coming up. likely to be a big issue because the president is going to press mitt romney and whether he is pushing for actual u.s. military action. >> ed henry at the white house. thank you. we are learning more about the suspect in the colorado movie theater massacre in aurora. according to newly released court documents. prosecutors say that university of colorado barred james holmes from its campus after he threatened a professor. court officials did not release that person's name but the allegation does conflict with previous statements from university officials who had said they denied holmes access to nonpublic areas because he dropped out of school. other court documents show the defense denies the prosecution's allegations. police say that back in july james holmes killed 12 people and wounded a dozen more during a mid night screening of the latest batman movie. alicia acuna live in our rockie mountain newsroom it's o
not the first one which is about the economy this coming week. but you have got one on national security and foreign policy coming up. likely to be a big issue because the president is going to press mitt romney and whether he is pushing for actual u.s. military action. >> ed henry at the white house. thank you. we are learning more about the suspect in the colorado movie theater massacre in aurora. according to newly released court documents. prosecutors say that university of colorado...
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martha: back to the economy now. there are dramatic new numbers that we got on economic growth this week that really show a stagnant economy. initially gdp growth estimate was up 1.7%, which is not a good number. you want to be north of 2% if you're going anywhere in this economy. then they took it down to the actual number which we got yesterday which got very little attention, really. 1.3% is the down regard revision on gdp for the second quarter. meanwhile the country is heading towards what has been talked about so much, the fiscal cliff that will kick in when we get into 2013, when the bush tax cuts expire and we've got 600 billion in spending cuts waiting around the corner. bob woodward talked about this. he talked about the efforts to avoid the fist alcliff and basically said that his reporting reveals that they have hit a wall because the president has a failure to community with lawmakers according to bob woodward, here is what he said. >> most of the most astonishing things is he doesn't have that relations
martha: back to the economy now. there are dramatic new numbers that we got on economic growth this week that really show a stagnant economy. initially gdp growth estimate was up 1.7%, which is not a good number. you want to be north of 2% if you're going anywhere in this economy. then they took it down to the actual number which we got yesterday which got very little attention, really. 1.3% is the down regard revision on gdp for the second quarter. meanwhile the country is heading towards what...
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Oct 3, 2012
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i think he has to be very, very tough, very, very forthright and talk about jobs and the economy. he has to talk about what china is doing to us. talk about what opec is doing to us and gasoline prices and other things. but those should be and that should be the focus. >> greta: all right. two other tweets that you had. one earlier today, where you mentioned the chinese and say they are hacking white house computers. why not? they already own the place. that's the first one. the second one has to do with this solo power. it says that president obama loves waving our money. he made a guarantee of $197 million to a solar company, cronyism. why do you say that? >> well, it is. if you look at the people -- whether it's solyndra, they are big supporters of his, i would say that cronyism. solyndra was $500 million plus. you are talking about tremendous cronyism, the owner of the company, everybody that was involved was involved with the white house, many visits to the white house. as far as china, you look at what they are doing -- i mean, we owe them much more than $twenty1 trillion, a
i think he has to be very, very tough, very, very forthright and talk about jobs and the economy. he has to talk about what china is doing to us. talk about what opec is doing to us and gasoline prices and other things. but those should be and that should be the focus. >> greta: all right. two other tweets that you had. one earlier today, where you mentioned the chinese and say they are hacking white house computers. why not? they already own the place. that's the first one. the second...
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i know what it takes to get this economy going again. i care about the people of america and the difference between me and president obama, is i know what to do and i will do what it takes to get this economy going. [applause] martha: on the campaign trail that was governor mitt romney in the buckeye state where he is expected to be spending a quite a bit of time over next couple of weeks. his campaign insists they're confident about victory in ohio, which of course is probably the most important swing state, despite recent polls show president obama is in the lead there and this is a quote from the romney campaign. there is just a nice, wide, open path. so i'm not, we're not in a situation where we're forced into this boxed canyon to say, we have to win this string of states. but at the end of the day ohio of course will come down to the wire they say. so, let's take a look at average polls, recent polls that come out of ohio where president obama actually leads governor romney by 5%. there are numbers that are much wider margin than th
i know what it takes to get this economy going again. i care about the people of america and the difference between me and president obama, is i know what to do and i will do what it takes to get this economy going. [applause] martha: on the campaign trail that was governor mitt romney in the buckeye state where he is expected to be spending a quite a bit of time over next couple of weeks. his campaign insists they're confident about victory in ohio, which of course is probably the most...
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and the iranian economy has been hit hard. it's had an effect on the economy. but when must face the truth. sanctions have not stopped iran's nuclear program either. according to the international atomic energy agency, during the last year alone, iran has doubled the number of centrifuges in its underground nuclear facility. so at this late hour, there is only one way to peacefully prevent iran from getting atomic bombs. and that's by placing a clear red line on iran's nuclear weapons program. [applause] red lines don't lead to war, red lines prevent war. let's look at nato's charter. it made clear that an attack on one member country would be considered an attack on all. and nato's red line helped keep the peace in europe for nearly half a century. president kennedy set a red line during the cuban missile crisis. that red line prevented war and helped preserve the peace for decades. in fact it's the failure to place red lines that's often invited aggression. if the western powers had drawn clear red lines during the 1930s, i believe they would have stopped naz
and the iranian economy has been hit hard. it's had an effect on the economy. but when must face the truth. sanctions have not stopped iran's nuclear program either. according to the international atomic energy agency, during the last year alone, iran has doubled the number of centrifuges in its underground nuclear facility. so at this late hour, there is only one way to peacefully prevent iran from getting atomic bombs. and that's by placing a clear red line on iran's nuclear weapons program....
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that they are talking about jobs, the economy, their future. they are talking about debt, entitlement and everything that is so critical we make sure that we get ahold on this economy. >> kimberly: eric, wouldn't it seem to make a lot of sense that women would support the candidacy of mitt romney because hof his experience with the economy, with jobs, with trying to put food on the table, money in the bank? >> eric: again, i don't understand why people are voting for barack obama. women, single women are voting for barack obama overwhelmingly. look what is going on. we talked about it how many times? 500,000 fewer jobs held by women in america this time around versus four years ago when he took over. the unemployment among african-americans, 97% of african-americans are going to vote for barack obama. but the unemployment number skyrocketed under barack obama. i don't get it. he is winning in demos he should be losing in. >> bob: i don't get how any working man or woman would vote for a republican. >> kimberly: why that? why are they in a bette
that they are talking about jobs, the economy, their future. they are talking about debt, entitlement and everything that is so critical we make sure that we get ahold on this economy. >> kimberly: eric, wouldn't it seem to make a lot of sense that women would support the candidacy of mitt romney because hof his experience with the economy, with jobs, with trying to put food on the table, money in the bank? >> eric: again, i don't understand why people are voting for barack obama....
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that is a massive bubble that threatens our entire economy. how do the candidates handle this tomorrow night? let's ask chris stirewalt our fox news digital politics editor and host of power play on foxnews.com live, and stewart varney is the host of varney & company on the fox business network. thank you so much for being here. chris i want to start with you. what can either candidate say to grab, you know, america by the lapel and make them understand what each one of them wants to do to change our financial dire straits? >> it's a heck after lot easier for mitt romney on this one since he is the outsider and hasn't been in office and wasn't part of make thag debt and president obama has over seen in fact the unprecedented increase in size of the federal debt, and as a matter of fact in talking to senior people from romney land that is exactly what mitt romney means to do when he gets on that debate stage in denver, is go off the president not just on what romney says are ineffectual policies like the president's healthcare law and stimulus
that is a massive bubble that threatens our entire economy. how do the candidates handle this tomorrow night? let's ask chris stirewalt our fox news digital politics editor and host of power play on foxnews.com live, and stewart varney is the host of varney & company on the fox business network. thank you so much for being here. chris i want to start with you. what can either candidate say to grab, you know, america by the lapel and make them understand what each one of them wants to do to...
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gregg: steve, on the economy specifically, a majority of voters disapprove of the handling of the economy by the president. take a look at this. almost 60% think his economic policies have actually hurt the economy or made no difference at all and that of course is by far the number one issue yet 50% say he deserves to be reelected. do you think, steve, people believe the bill clinton argument that nobody, no president, could have actually solved this in four years? >> yeah, i do think that had some effect. there is no question that president obama came out of the conventions with a little bit of momentum. you talk, it is not only showing up in the public polling that we're talking about here today but talk to republican pollsters polling on senate and house races and they will talk about what they call the clinton bump. they have seen it across polling in various parts of the country that voters who are asked a question is the country on the right track, is the country on the wrong track, which most pollsters believe the single best determiner ho will win in november, there was a jump in
gregg: steve, on the economy specifically, a majority of voters disapprove of the handling of the economy by the president. take a look at this. almost 60% think his economic policies have actually hurt the economy or made no difference at all and that of course is by far the number one issue yet 50% say he deserves to be reelected. do you think, steve, people believe the bill clinton argument that nobody, no president, could have actually solved this in four years? >> yeah, i do think...
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and it and it's going up because the economy is going down the economy is what provides the government with its income and if the economy is shrinking the income of the government shrinks of the same type and therefore the deficit rises and something like that has been going on so the policy can't even succeed in its own terms one of your colleagues an economist called james keane has suggested a scheme that he calls quantities if easing for the public saying that the debt that private individuals have needs to be reduced under the scheme he says that cash should be issued to individuals and those with debt would have to use it to pay that debt down and those without it would have a cas injection and it sounds like a great scheme and do you think it would work but well i've suggested this as well in an article in the new statesman last week yeah that's fine i mean if you put money in that into the hands of the people. and make sure they as you say spend it in one way or another. then i think that gives a boost to the economy because they could even increase their spending and therefore
and it and it's going up because the economy is going down the economy is what provides the government with its income and if the economy is shrinking the income of the government shrinks of the same type and therefore the deficit rises and something like that has been going on so the policy can't even succeed in its own terms one of your colleagues an economist called james keane has suggested a scheme that he calls quantities if easing for the public saying that the debt that private...
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Sep 26, 2012
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billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >> bill: personal story segment, may remember 24-year-old marine corporal dakota myer, receiving the medal of honor for gallantry in afghanistan. s that last year for action in 2009. now the corporal has a new book out entitled "into the fire," a firsthand account of the most extraordinary battle in the afghan war. here he is. before we get to the book, and what you did and what you are honored for, recently the u.s. command in afghanistan forbade american and nato troops from patrolling with our afghan allies. that is just stunning to me after 11 years in the theater. what do you think about that? >> i couldn't imagine. i was living with these guys, these afghans and i trusted them with my life. i was so close to them that i was as close to them as i was the marines. >> bill: so and you were out in the forward bases, so you had the elite afghan troops with you, right? >> they're just like regular platoon. they weren't el
billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >> bill: personal story segment, may remember 24-year-old marine corporal dakota myer, receiving the medal of honor for gallantry in afghanistan. s that last year for action in 2009. now the corporal has a new book out entitled "into the fire," a firsthand account of the most extraordinary battle in the afghan war. here he is....
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economy by not making a decision. american business is very good at makes money if they tell you the rules of the game. it is like you are playing the first half of the game but you don't know the rules the second half. what does everybody do? they wait and see. getting past that, a plan to bring the deficit down gradually and knowing the taxes over the next decade would be positive for the u.s. economy. i wish we could get there. >> i couldn't agree more. is infuruating. let's talk about residual damage. government defense contractors will have to lay off workers soon if there is no agreement because they are losing federal dollars of the federal programs that are going away. we will see more unemployment. the defense companies will have to notify workers in the next couple of weeks. how important is this? >> it is a tempory drag in t the economy. i honestly think of l of the things that will not happen is the chance of getting both unds of spending cuts, including the massive defense cuts is slight. i think it will
economy by not making a decision. american business is very good at makes money if they tell you the rules of the game. it is like you are playing the first half of the game but you don't know the rules the second half. what does everybody do? they wait and see. getting past that, a plan to bring the deficit down gradually and knowing the taxes over the next decade would be positive for the u.s. economy. i wish we could get there. >> i couldn't agree more. is infuruating. let's talk about...
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billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ gives you a 50% annual bonus. and everyone likes 50% more [ russian accent ] rubles. eh, eheh, eh, eh. [ brooklyn accent ] 50% more simoleons. [ western accent ] 50% more sawbucks. ♪ [ maine accent ] 50% more clams. it's a lobster, either way. [ male annncer ] the capital one cash rewards card. with a 50% annual cash bonus, it's the card for people who like more cash. [ italian accent ] 50% more dough! what's in your wallet? but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] alka-seltzer plus liquid gels speeds relief to your worst cold symptoms plus has a decongestant for your stuffy nose. thanks. that's the cold truth! ♪ one, two, three, four ♪ ♪ you say ♪ flip it over and replay ♪ we'll make everything okay ♪ walk together the right way ♪ do, do, do, do >> bill: thanks for staying with us. i'm bill o'reilly. three hot topics, beginning with
billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ gives you a 50% annual bonus. and everyone likes 50% more [ russian accent ] rubles. eh, eheh, eh, eh. [ brooklyn accent ] 50% more simoleons. [ western accent ] 50% more sawbucks. ♪ [ maine accent ] 50% more clams. it's a lobster, either way. [ male annncer ] the capital one cash rewards card. with a 50% annual cash bonus, it's the card for...
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that's not going to help us create jobs in our economy. that's not going to turn things around and it's not going to help household incomes rise. >> gretchen: okay. the guy on the other side of the fence who supports president obama, david axelrod, he says that your guy, romney's performance, was a performance. and that president obama will call him out next time. listen to this. >> will he change his approach for the next debate? there will be a rematch. will we see a more adepressive president? >> well, i know he's look very much forward to the debate on the 16th and i'll leave it to the theater critics to decide whether -- how his performance rates on that day. but i know this, he will come, he will make an honest argument with the american people about how he rebuilds the economy and middle class and hold governor romney to account for these big gaffes in the truth that we saw last night. >> gretchen: he didn't really answer the question about whether or not the president would be more aggressive. he went in a different interview to sa
that's not going to help us create jobs in our economy. that's not going to turn things around and it's not going to help household incomes rise. >> gretchen: okay. the guy on the other side of the fence who supports president obama, david axelrod, he says that your guy, romney's performance, was a performance. and that president obama will call him out next time. listen to this. >> will he change his approach for the next debate? there will be a rematch. will we see a more...
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china's economy grew year after year. members of the olympic committee underscored the emergence when they named beijing host of the summer games. two years later, china passed japan to be the world's second largest economy. a chinese fishing collided with japanese patrol vessels in thes en kaku islands. the collision parked widespread protests and angered many japanese. a recent survey suggests animosities are running high. the poll put anti-chinese sentiment at 84%, a record high. 65% of chinese respondents expressed negative views of japan. >> those figures suggest they will be challenged to mend relations, but an expert said it may not be as difficult size it appears. >> japan and chiba have been close are than before. we have thousands of years of relationships, but now is the best in a sense that economic exchange and people to people exchange and the level of these things higher than ever. don't just focus on the negative aspects of things. there is great resilience in the relationship. >> internal changes in china
china's economy grew year after year. members of the olympic committee underscored the emergence when they named beijing host of the summer games. two years later, china passed japan to be the world's second largest economy. a chinese fishing collided with japanese patrol vessels in thes en kaku islands. the collision parked widespread protests and angered many japanese. a recent survey suggests animosities are running high. the poll put anti-chinese sentiment at 84%, a record high. 65% of...